Vizsla Silver (NYSEAMERICAN:VZLA) Trading Up 5.7% - Here's What Happened

Key Points

• Shares of Vizsla Silver were up 5.7% on Friday, trading as high as $3.24 and last at $3.235 on about 2.77 million shares, roughly 75% below its average daily volume.
• Analyst activity has increased — Cantor Fitzgerald initiated coverage with a Buy rating and $7.00 target, and the stock holds a consensus “Moderate Buy” with an average target of $7.00 (three Buy, three Hold).
• Vizsla is advancing its flagship Panuco Project in Sinaloa, Mexico, focusing on high‑grade silver; the company has a market capitalization of $1.11 billion and a negative P/E of -9.07.

Shares of Vizsla Silver Corp. (NYSEAMERICAN:VZLA - Get Free Report) were up 5.7% on Friday . The company traded as high as $3.24 and last traded at $3.2350. Approximately 2,770,114 shares changed hands during trading, a decline of 75% from the average daily volume of 11,149,743 shares. The stock had previously closed at $3.06.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Cantor Fitzgerald assumed coverage on Vizsla Silver in a research note on Monday, December 22nd. They issued a "buy" rating and a $7.00 price objective for the company. Raymond James Financial reissued an "outperform" rating on shares of Vizsla Silver in a report on Wednesday, January 14th. National Bank Financial downgraded shares of Vizsla Silver from an "outperform" rating to a "sector perform" rating in a research note on Tuesday, February 10th. Finally, Canadian Imperial Bank of Commerce lowered shares of Vizsla Silver from a "strong-buy" rating to a "hold" rating in a report on Thursday, March 5th. Three research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, Vizsla Silver currently has an average rating of "Moderate Buy" and a consensus target price of $7.00.

Vizsla Silver Stock Performance

The company has a debt-to-equity ratio of 0.66, a quick ratio of 65.89 and a current ratio of 65.89. The stock's 50 day moving average price is $4.43 and its 200 day moving average price is $4.60. The company has a market capitalization of $1.11 billion, a P/E ratio of -9.07 and a beta of 0.96.

Institutional Trading of Vizsla Silver

A number of large investors have recently bought and sold shares of VZLA. Sprott Inc. lifted its stake in shares of Vizsla Silver by 1.4% in the 3rd quarter. Sprott Inc. now owns 22,851,053 shares of the company's stock valued at $98,691,000 after purchasing an additional 306,900 shares during the period. Tidal Investments LLC grew its stake in Vizsla Silver by 72.8% during the third quarter. Tidal Investments LLC now owns 14,435,320 shares of the company's stock worth $62,361,000 after purchasing an additional 6,080,923 shares during the period. Van ECK Associates Corp increased its holdings in Vizsla Silver by 41.7% in the third quarter. Van ECK Associates Corp now owns 13,587,661 shares of the company's stock worth $58,698,000 after purchasing an additional 4,001,170 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Vizsla Silver by 38.0% in the third quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 11,395,079 shares of the company's stock valued at $49,220,000 after buying an additional 3,139,086 shares during the period. Finally, Jupiter Asset Management Ltd. boosted its holdings in shares of Vizsla Silver by 34.1% during the 4th quarter. Jupiter Asset Management Ltd. now owns 10,013,434 shares of the company's stock worth $54,934,000 after buying an additional 2,545,216 shares in the last quarter. 22.46% of the stock is currently owned by institutional investors and hedge funds.

Vizsla Silver Company Profile

Vizsla Silver Corp. is a Canada-based mineral exploration and development company focused on high-grade silver projects in Mexico. The company holds a portfolio of properties in the Panuco District of Sinaloa, where it is advancing its flagship Panuco Project, among several other exploration targets. These assets cover prolific epithermal vein systems that have historically produced significant silver and base metals.

The Panuco Project encompasses multiple mineralized zones over a 17,000-hectare land package, where ongoing drilling campaigns have reported consistent high-grade silver intercepts.

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